What account connections are available via Open Banking API?

At the moment, only the nine largest banks are required to implement the Open Banking API and they are phasing the roll out of connected accounts. This means you might still need to use a credential sharing connection (the way you currently connect your accounts in Money Dashboard). We will continue to provide connections to as many accounts as possible, opening up new Open Banking API connections as soon as they are available.

You will only see a “Switch to Open Banking” button against providers with connections available, though we cannot know in advance if the specific bank account will be available for Open Banking at this time.

When you select to connect your account your bank will show you which accounts you can connect via API.

Not all savings accounts come under PSD2 (the legislation requiring banks to make your account information more accessible to you) so you might not be able to migrate all your accounts to an Open Banking API just yet. With savings accounts a good rule of thumb as to whether your bank will provide an Open Banking API connection is if you can currently make payments directly from your savings account to another third party account. Note, ISAs are not currently available to connect via Open Banking.

Banks that currently have Open Banking Connections available are:

Provider

Availability

Bank of Scotland

API available. All eligible accounts will need to switch to the Open Banking API by 14/09

Barclays

API available. All eligible accounts will need to switch to the Open Banking API by 14/09

Barclaycard

API not available. Known bank error returning incorrect data. Issue escalated with bank and we will make connection available via Open Banking API once the bank has resolved the issue.

First Direct

First Direct will not be providing a full Open Banking API, and have FCA approval to provide an alternative connection method for 6 months (until March 14th 2020). This will be similar to the current credential sharing method currently available in Money Dashboard.

Halifax

API available. All eligible accounts will need to switch to the Open Banking API by 14/09

HSBC

HSBC will not be providing a full Open Banking API, and have FCA approval to provide an alternative connection method for 6 months (until March 14th 2020). This will be similar to the current credential sharing method currently available in Money Dashboard.

LLoyds

API available. All eligible accounts will need to switch to the Open Banking API by 14/09

Nationwide

API available. All eligible accounts will need to switch to the Open Banking API by 14/09

Natwest

Known bank error returning positive credit card data. Issue escalated with bank and we will make connection available via Open Banking API once the bank has resolved the issue.

Royal Bank of Scotland (RBS)

Known bank error returning positive credit card data. Issue escalated with bank and we will make connection available via Open Banking API once the bank has resolved the issue.

Santander

Santander will not be providing a full Open Banking API, and have FCA approval to provide an alternative connection method for 6 months (until March 14th 2020). This will be similar to the current credential sharing method currently available in Money Dashboard.